PLAYSTUDIOS Inc (NASDAQ:MYPS) Has Seen A Fall Of -56.70% This Year, Is It Still A Better Option Than Others?

In last trading session, PLAYSTUDIOS Inc (NASDAQ:MYPS) saw 0.41 million shares changing hands with its beta currently measuring 0.91. Company’s recent per share price level of $1.26 trading at $0.09 or 7.69% at ring of the bell on the day assigns it a market valuation of $168.16M. That closing price of MYPS’s stock is at a discount of -141.27% from its 52-week high price of $3.04 and is indicating a premium of 9.52% from its 52-week low price of $1.14. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.2 million shares which gives us an average trading volume of 170.12K if we extend that period to 3-months.

For PLAYSTUDIOS Inc (MYPS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

PLAYSTUDIOS Inc (NASDAQ:MYPS) trade information

Upright in the green during last session for gaining 7.69%, in the last five days MYPS remained trading in the red while hitting it’s week-highest on Monday, 03/31/25 when the stock touched $1.26 price level, adding 5.97% to its value on the day. PLAYSTUDIOS Inc’s shares saw a change of -32.26% in year-to-date performance and have moved -3.82% in past 5-day. PLAYSTUDIOS Inc (NASDAQ:MYPS) showed a performance of -17.65% in past 30-days. Number of shares sold short was 0.61 million shares which calculate 4.07 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 58.0% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would drop -138.1% in reaching the projected high whereas dropping to the targeted low would mean a loss of -138.1% for stock’s current value.

PLAYSTUDIOS Inc (NASDAQ:MYPS)’s Major holders

Insiders are in possession of 17.82% of company’s total shares while institution are holding 35.91 percent of that, with stock having share float percentage of 43.70%. Investors also watch the number of corporate investors in a company very closely, which is 35.91% institutions for PLAYSTUDIOS Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at MYPS for having 6.81 million shares of worth $14.1 million. And as of 2024-06-30, it was holding 5.1417 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 4.81 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.5502 of outstanding shares, having a total worth of $9.96 million.

On the other hand, SMALLCAP WORLD FUND INC and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 4.5 shares of worth $5.67 million or 3.85% of the total outstanding shares. The later fund manager was in possession of 2.76 shares on Dec 31, 2024 , making its stake of worth around $3.47 million in the company or a holder of 2.35% of company’s stock.